BHM Holdings has appointed Iretomiwa Akintunde-Johnson and Njideka Akabogu as managing directors of its operating companies, BHM and ID Africa, respectively, following the completion of its first private placement and the formalisation of a new group structure.<\/p>\n
The appointments, which take effect on January 1, 2027, are part of a restructuring that will see the group\u2019s founder, Ayeni Adekunle, assume the role of Group Chief Executive Officer and Board Chair, effective November 6, 2026.<\/p>\n
Under the new arrangement, Adekunle will oversee investment, governance, technology, talent development and international expansion, while transferring day-to-day management of the operating companies to their respective executives.<\/p>\n
BHM Holdings said BHM, ID Africa and Plaqad now operate as companies within the group.<\/p>\n
Iretomiwa Akintunde-Johnson will lead BHM as Managing Director, while Njideka Akabogu will head ID Africa.<\/p>\n
Plaqad will continue to be led by Joseph Enesu, who pioneered BHM AI Labs and the development of Plaqad Intelligence.<\/p>\n
The new structure is designed to give each operating company greater management independence and accountability while allowing them to share technology, intellectual property, governance, talent and international partnerships.<\/p>\n
Adekunle said the restructuring would help strengthen the group\u2019s institutional capacity and support its next phase of growth.<\/p>\n
The management restructuring follows BHM Holdings\u2019 completion of its first private placement in August 2026, with the group planning to deploy the proceeds into technology and new services.<\/p>\n
According to PRovoke Media, BHM grew its revenue by more than 400% over the preceding decade, recording a compound annual growth rate of nearly 30%.<\/p>\n
The company has also received 26 acknowledgements from the publication over five years and appeared four times on its Best Agencies in Africa list.<\/p>\n
Beyond its commercial operations, BHM Holdings has developed industry initiatives including World PR Day, NECLive and the Africa PR and Communications Report.<\/p>\n
The latest restructuring builds on BHM Holdings\u2019 earlier efforts to expand its communications operations beyond Nigeria, particularly through ID Africa\u2019s regional presence.<\/p>\n